CRS Electronics' Lumenova(TM) Brand One of First to Achieve 2014 Energy Star Certification
19 Février 2014 - 7:14PM
Marketwired
CRS Electronics' Lumenova(TM) Brand One of First to Achieve 2014
Energy Star Certification
TORONTO, ONTARIO--(Marketwired - Feb 19, 2014) - CRS Electronics
Inc. ("CRS" or the "Company"), (TSX-VENTURE:LED), a developer and
manufacturer of LED lighting products, today announced while the
industry grapples with conforming to new and more stringent energy
star standards which take effect in September 2014, Lumenova™ has
already achieved Energy Star certification throughout most of their
portfolio. All Par's, BR's and soon MR16's will be certified to the
new standards which increase efficacies, on/off criteria, establish
dimming standards and start-up time requirements.
"We are very pleased to be ahead of the industry in this
regard," said Travis Jones, President & CEO. "It's also a
testament to the superior design of our products, and Scott
Riesebosch our Chief Technology Officer is the author of our
technological success." Jones also cited the good work performed by
CRS employees in China. "Our Zhuhai office in China has done a
terrific job coordinating with our lab partners there- Leo Lee, our
Manager of Vendor Relations in particular."
"Energy Star certification drives many of the utility rebates
available. I applaud them for elevating criteria as it further
separates low cost and low quality LED providers from thoughtfully
designed products from companies like Lumenova™. There is room in
the marketplace for all types of LED companies, but raising the bar
helps customers differentiate between companies. The marketplace is
beginning to understand not all LED manufacturers are alike, and
new standards for Energy Star certification will further separate
the wheat from the chaff," said Travis Jones.
About CRS Electronics
CRS Electronics Inc. (TSX-VENTURE:LED), a Lighting Facts
partner, is a leader in the emerging, rapidly-growing market of
high efficiency light-emitting-diode ("LED"), or, solid state
lighting ("SSL"). The principal activities of CRS Electronics
include the development, manufacture and sale, primarily in North
America, of indoor lighting products such as LED replacement lamps,
exterior LED warning lights for school buses, child safety systems
for school buses, LED architectural lighting fixtures, and contract
manufacturing of LED circuit boards. As an innovator of LED
solutions since 1998, CRS Electronics continues to expand its
product portfolio and market presence with business partners and
customers, and under its own product brands, which include CRS
Electronics and Lumenova™.
Neither TSX Venture Exchange nor the Investment Industry
Regulatory Organization of Canada accepts responsibility for the
adequacy or accuracy of this release.
Certain statements contained in this news release constitute
forward-looking information within the meaning of Canadian
securities laws which can be identified by terminology such as
"may", "will", "could", "should", "expect", "plan", "anticipate",
"believe", "intend", "estimate", "projects", "predict",
"potential", "continue" or other similar expressions concerning
matters that are not historical facts. Such forward-looking
statements are based on a number of material factors and
assumptions, including, but not limited in any manner, those
disclosed in any other CRS filings, and include availability of
sufficient working capital for development and operations,
availability of a qualified work force, availability of
manufacturing equipment and the ultimate ability execute its
business plan on economically favourable terms. While we consider
these assumptions to be reasonable based on information currently
available to us, they may prove to be incorrect. Actual results may
vary from such forward-looking information for a variety of
reasons, including but not limited to risks and uncertainties
disclosed in other CRS filings at www.sedar.com and other
unforeseen events or circumstances. Other than as required by law,
CRS does not intend, and undertakes no obligation to update any
forward-looking information to reflect, among other things, new
information or future events.
Investor RelationsCRS Electronics Inc.Matthew GroenChief
Financial Officermgroen@crselectronics.comMediaCRS Electronics
Inc.Travis JonesPresident and Chief Executive
Officertjones@crselectronics.comwww.crselectronics.com
CRS Electronics Inc. (TSXV:LED)
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